This economist argued that countries should avoid deflation and criticized the gold standard in A Tract on Monetary Reform. He proposed the existence of the money multiplier in his Treatise on Money, and this man served as th
This economist argued that countries should avoid deflation and criticized the gold standard in A Tract on Monetary Reform. He proposed the existence of the money multiplier in his Treatise on Money, and this man served as the chairman of the World [*] Bank commission at Bretton Woods. He argued that aggregate demand determines employment in his most famous work, and criticized the Versailles Conference in The Economic Consequences of the Peace. For 10 points, name this author of The General Theory of Employment, Interest, and Money, who advocated government spending during recessions.
This economist argued that countries should avoid deflation and criticized the gold standard in A Tract on Monetary Reform.
John Maynard {Keynes}